Phnom Penh (FN), Jul. 15 – India, the world's fifth-largest economy, leads global arms imports with an 11% share from 2018-2022, relying mainly on Russia, followed by France and the US, Saudi Arabia (10%) and Qatar (6%) are the next largest importers, with the US as their primary supplier. Australia, China, and Egypt each import 5%, sourcing mainly from the US and Russia.

The US and Russia are the top suppliers for 13 of the 16 leading importers, accounting for 56% of global arms exports. Geopolitical hotspots drive these imports: the India-China-Pakistan region, Middle Eastern nations countering Iran, and Australia, Japan, and South Korea enhancing defenses against China and North Korea. The UK, Ukraine, and Norway also rank in the top 15 due to the Russian invasion's impact.

This article was originally published on Voronoiapp.
=FRESH NEWS